RehabEstimatorPro can get you in and out of a house quickly, determine the cost to rehab, and generate an offer to the seller, before the investor leaves the house. Our goal is to provide a robust tool that all investors, from beginners to the pros, can use and benefit from it.
Rehab Estimator Pro is a versatile software program for anyone looking to utilize the power of real estate for wealth production. With this tool in your toolbelt, you are able to quickly walk through a home and point-and-click your way to a full scope of work.
The company is consistently improving the software based on feedback from us, the consumers, and it keeps getting better and better.
This is a POWERFUL low cost tool for anyone interested in improving workflow and efficiency. It is very user friendly, and the app is amazing! Contact us to get started or try a free trial today! FREE TRIAL HERE
If you are new to property investing/estimating/planning, this software helps to take the guesswork out of how much something costs to repair, what kind of offer you should make, and what to look at if you are purchasing a rental property.
If you are a general contractor, this software offers the quick version, and the line item version where you can do all your inputs to create the bid quickly instead of writing it down while at the jobsite, then going home and inputting the details to your estimating software.
This is the core of the system, you walk through the house and tell the Rehab Estimator Pro Rehab Estimator what needs to be fixed. How many windows to replace? Do you replace the Furnace, Hot Water Heater, Kitchen? It has prices already defined so you don’t have to know them, but can change them if you need to.
While we pre-select a few for you, you can select whatever comparable’s you want and let the software generate a computed After Repair Value. But because you know some things that can’t be determined by a computer system, you can choose to adjust that value up or down.
While it’s a bit of data, you can actually tell the seller how much they would ACTUALLY get from selling their house the old-fashioned way. Realtor Costs, Closing Costs, Seller Concessions. If they are in forecloser, these costs can be incorporated. Down to one final number – here is what you walk away with.
I purchased a property through sheriff sale and am financing the whole thing through a bank, based off 75% of appraised value. The appraised value is based off the repairs that we will be doing to the place. I used the contractors sheet without costs to show the appraiser what we were going to do to the place. He said that he has never seen anything more detailed or professional. Just another way you can utilize this great tool. Thanks Matt/Scott.
Wisconsin
Straight up “The Best Tool” for any investor, but especially a rookie!
Know what the pros know, for real, then have it waiting at a portable printer on the coffee table, with not 1, not 2, but 3+ options that hit the mark!
If you can’t sell with this...should I say it??!
Wiscosnin
So, the best part of the estimator is handing the tablet to a seller and having them check the boxes. If you haven't done this yet, think about it. Kind of hard to object when you checked that it needed a roof and windows and gutters. Seller wanted to see what I was doing, so I showed her and she took it over. Great Result. Seller even thanked me for the education.
Wisconsin
So easy to use, now I don't even have to take my Husband or my Contractor. I feel comfortable with the numbers. I still have my contractor follow up, AFTER I have a signed offer, so I don't waste his time on tire-kicker sellers.
Ohio
